IBM sold semiconductor factories to GlobalFoundries. This is an extraordinary event. For the American IT industry . IBM Company - a legend, it is the inventor of the transistor, the integrated circuit, a hard disk, and of everything. Business for the production of hard drives, IBM sold to the Japanese . Business for the production of computers (and more recently - x86-compatible servers) went to the Chinese.
It should say that the deal on the absorption of IBM semiconductor business by GlobalFoundries has yet to approve the regulatory authorities of almost all countries. The most critical issue to promise to come from the United States regulators. IBM has supplied mainframe for laboratories associated with the testing of nuclear weapons, and also produces and manufactures a range of products for military contracts. Parties should ensure a continuation of the work on this front, and leak prevention technology. But if you look at the situation on the other hand, this operation may be a good way to extort from the Arabs a certain amount of money. GlobalFoundries company has been and remains loss-making enterprise. Factory at IBM, which require modernization, will drive even greater losses.
In conclusion, a few words about the work of IBM in the third quarter of calendar 2014. In the reporting period, IBM earned $ 22.4 billion. - Is 4% less than in the same period last year. The company admitted that they are unhappy with the result. Also decreased net income: up to $ 3.5 billion., Or 17% for the year. American Market and EMEA (Europe, Middle East, Africa) for the IBM declined by 2%. Hardest sales fell by IBM in the Asia-Pacific region - by 9%, and emerging markets - 7% (first of all - it's the BRIC countries).
Revenues from IBM's services and software sales across all categories fell slightly - by 2%. But sales of hardware revenue dropped by 15%. Separately, we note a decrease in revenue for the year from sales of systems on CPUs Power - it has fallen by 12%. If the deal with the company GlobalFoundries will take place in the next 10 years, these losses will no longer be a problem to IBM.